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Automotive Aug 10, 2021 10:29 PM (GMT+8) · EqualOcean
Zhongju hi tech announced that today, the company received a notice from the controlling shareholder Zhongshan Runtian Investment Co., Ltd. that Zhongshan Runtian carried out stock pledge repurchase business in Ping An Securities in the early stage, and the pledgee disposed of some of its Pledged Shares on August 9, 2021, resulting in the change of the company's shares held and pledged by Zhongshan Runtian. 1.7 million shares were reduced through block trading, accounting for 0.21% of the total share capital. Up to now, the company has pledged 23.14 million shares in Ping An Securities. Although Zhongshan Runtian has taken measures to reduce the pledge risk, it still does not rule out the possibility of continued reduction.

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